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DESCRIPTION
43,265 SF BUILDING FOR SALE. Historic 1927 "Dade-Commonwealth Building”, an existing office building and fully site plan approved hotel development site at the heart of Downtown Miami. 7- STORIES. Each Floor 6,000SF, Office Space. ALL COMMON AREAS RE-BUILT (Lobby/Elevator Landings/Stairs/Upstairs Bathrooms). Retail Level + 6 Office Levels. ZONED MIXED-USE. (sizes approx.) INVESTMENT FEATURES The Property has rare in-place approvals from the Historic Preservation Board and the City of Miami for the demolition. Fully approved plans, with permits pending request have been filed, and are pending, for the construction of a 17-story, 163-key hotel. Entitled to the Ad Valorem Tax Exemption for Historic Properties. Federal Historic Rehabilitation Tax Credit Zoned as T6-80-O,
, MIAMI NORTH PB B-41 E1/2 OF LOT 15 & W1/2 OF LOT 16 BLK 104 LOT SIZE 50.000 X 150 OR 21131-3691 0303 1
FEATURES- Building Area Total 43265
- Building Area Units Square Feet
- City Miami
- Contract Status Change Date 2023-02-22 00:00:00
- County Or Parish Miami-Dade County
- Days On Market 124
- Directions
COMING FROM THE NORTH TAKE I95 SOUTH EXIT AT NE 2ND AVE TOWARD BISCAYNE BLVD
TURN RIGHT ONTO NE 1ST ST
ARRIVE TO 139 NE 1 ST. USE GPS - Expiration Date 2023-09-01 00:00:00
- Latitude 26
- List A O R A-Miami Association of REALTORS
- Listing Terms
Owner Will Carry
All Cash - List Price 21000000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Dimensions 50.000x150
- Lot Size Square Feet 7500
- Lot Size Units Square Feet
- Mls Status Active
- On Market Date 2023-02-22 00:00:00
- Original List Price 20000000
- Originating System Name miamire
- Parcel Number 01-01-10-040-1100
- Postal Code 33132
- Previous List Price 20000000
- Property Sub Type Office
- Property Type Commercial Sale
- Standard Status Active
- State Or Province FL
- Stories 7
- Stories Total 7
- Tax Legal Description MIAMI NORTH PB B-41 E1/2 OF LOT 15 & W1/2 OF LOT 16 BLK 104 LOT SIZE 50.000 X 150 OR 21131-3691 0303 1
- Tax Year 2022
- Unparsed Address
139 NE 1st St
Miami FL 33132 - Virtual Tour URL Unbranded https://youtu.be/c1ZRqM5ihHA
- Year Built 1927
- Year Built Details Resale
- Zoning 6401
Zulma Hernandez
LISTING AGENT
Listing Provided by:
Francisco Neri
Canvas Real Estate
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The information provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
